MSTR Expert: Bitcoin Under $60K Breaks The Market

Adrian Morris is back to break down what Strategy’s latest earnings and the first serious stress test of its preferred-equity machine are revealing. STRC has rebounded after Strategy spent $106 million on buybacks, but Adrian argues the move is still overwhelmingly a Bitcoin and capital-structure story, not proof Strategy can simply defend par.

Software & IT: Publicly Traded Bitcoin Treasury Companies

Track publicly traded Software & IT companies holding Bitcoin on their balance sheets, ranked by BTC holdings.

BTC Held by Public Companies

862,113

$66.21B

Number of Public Companies

18

BTC Price

$76,804

Asset Dominance

93.8%
BTC 93.8% ETH 5.5% SOL .47% BNB .14% XRP .14%

Software & IT: Public Companies Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇺🇸
Strategy
840,447
$64,550M
$45,613M
$**,***M
*.********
$**,***M
*.**x
*.***
***.*%
4.002%
2 🇨🇳
5,833
$448M
$19M
$*M
*.********
$***M
*.**x
****.*%
0.028%
3 🇸🇪
3,506
$269M
*.********
$***M
*.**x
0.017%
4 🇫🇷
Capital B
3,145
$242M
$147M
$***M
*.********
$***M
*.**x
*.***
***.*%
0.015%
5 🇬🇧
2,712
$208M
$166M
$***M
*.********
$***M
*.**x
*.***
***.*%
0.013%
6 🇰🇾
2,353
$181M
$26M
$-*,***M
*.********
$***M
*.**x
***.*%
0.011%
7 🇺🇸
1,016
$78M
$12,265M
$**,***M
*.*%
0.005%
8 🇭🇰
CIMG Inc
938
$72M
$7M
$**M
****.*%
0.004%
9 🇨🇳
803
$62M
$1,009M
$*,***M
*.********
*.*%
0.004%
10 🇰🇷
bitmax
551
$42M
$46M
$**M
**.*%
0.003%
11 🇩🇪
427
$33M
$235M
$***M
$**M
*.**x
**.*%
0.002%
12 🇨🇦
267
$21M
$17M
$**M
*.********
$**M
*.**x
*.***
***.*%
0.001%
13 🇨🇦
68
$5M
$17M
$**M
**.*%
0.000%
14 🇨🇦
24
$2M
$2M
$-*M
$*M
*.**x
**.*%
0.000%
15 🇦🇺
12
$1M
$*M
*.**x
0.000%
16 🇨🇦
5
$0M
$76M
$**M
*.*%
0.000%
17 🇨🇦
4
$0M
$1M
$*M
**.*%
0.000%
18 🇺🇸
.8
$0M
$42M
$-**M
*.*%
0.000%
19 🇭🇰
0
$0M
$2,556M
$*,***M
0.000%
Total:
862,113
$66,214M
4.105%